you should have held out for aci and wlt to go bk. they will still be selling coal (maybe) if someone backs them with liquidity, which is very iffy. btu will get a nice bounce on those two bk news and the btu short squeeze.. btu will be the biggest last man standing to supply the 33% of U.S. electrical (lesser coke) needs
The 2 additional coal terminals will require hiring 28,000 (thats not a typo) more Australian's. Unmet global coal needs are real and growing despite the U.S. Feds propaganda. Obama went to Austrailia and chastised them for the expansion saying the Great Barrier Reef was at risk. The Aussies told him in effect to "mind his own business and **ck off". ***** GOOD FOR THE AUSSIE'S. *****
same thing was said about the cigarette companies when the feds went after them. tobacco stocks today at 52 week highs. all i'm saying is getting out of this hole has been done before
time horizon enters into any paper loss. me, i'm hoping with good health to to live another 30 years minimum all the time holding BTU. 1 year is an eternity in the stock market these days - 30, forget about the possibilities. so you see who knows in 3 to 5 years you'll be laughing at how worried you were about today's BTU "crisis", mark my words.
agree. btu stock is a leap (2-3 years) call option at this point. either you believe that political beliefs will swing from left to right and balance out the last 8 years or you don't. i believe they will.
ever since w.va. voted in g.w. bush, with there 4 electoral votes and killing off gore, the Dems were out for "get back" on the coal industry. its all politics. the Repubs have an excellent chance of defeating Hilary and reversing the EPA, Sec of Interior, etc. etc.
agree. the pm's, pe, mutual funds, and hedge funds are down 4% year to date according to Bloomberg last week. 4% doesn't sound like a lot but the S&P is up high single digits and exceeding previous highs.
yeah i'm in for the very long term. i will stop checking the btu stock quotes and commenting on this board. maybe checking once a year. it's a means of keeping my sanity.
a good resource for for shale well costs is the most recent vnr qtr cc. they said a standard ng well runs around $3m in costs where a shale well costs $7m. shale also depletes 50% the first year and increase's the depletion rate in the 2nd and 3rd year., oddly enough vnr is going all in on ng by selling its oil holdings.
look at the oil price to BTU stock price charts you see a direct correlation. when oil hits $100 again or even #$%$ off Saudi's make it $200, BTU will be $20-25. 5 bagger anyone?
i've been averaging down every 50% dip from my previous pps buy. not working so far but someday, perhaps. my next 50% is $3 where i'll breakeven at $6 with 50k shares. this stock is killing me!
if you're on the level, commodities are extremely risky bets no matter if its soft or hard commodities. If you don't have 3 to 5 years to hold these investments you should never get involved. You're a retail guy buying calls on a commodity producer? that's where you went really wrong. buying into the the largest private coal producer, BTU, in hindsight wasn't the ideal bet but at least you got a survivor , now next time buy stock and sit on it when it collapses. I've sat 5 years to get my money back and in only 1 out of 5 times did the stock never get back to even or even swing to a nice profit. wall street absolutely hates retail buyers who sit it out for years. Thats why they take the stock as close to zero as they can, i.e. to get you to sell.
Her direct Facebook quote "Michele Bachmann
Yesterday at 10:57am ·
With his Iran deal, Barack Obama is for the 300 million souls of the United States what Andreas Lubitz was for the 150 souls on the German Wings flight - a deranged pilot flying his entire nation into the rocks. After the fact, among the smoldering remains of American cities, the shocked survivors will ask, why did he do it?"
She has 9,400 votes of like for this. The green tree hugger liberals are up in rage.
BTU share price is directly correlated to the price of oil. Hell even solar is correlated. Who thinks the Saudis's won't seek revenge for $20 - 30 oil if or when we get there? BTU may see $3 before it sees $50 but for the holders 3-5 years out you will see $50 BTU when the Saudis squeeze oil to $200. DON'T CURSE OPEC, THEY ARE COALS BEST FRIEND.
ha trying storing your solar and wind energy in those cell phone batteries musk uses for his cars. this is going to be fun watching the whole "clean" energy industry collapse and your retail greed get guillotined
maintained there goal weight. When asked about this, the former CEO of wtw said, and I quote " Hey, that's what keeps us in business." end quote. Really? Keeps you in business? Hows that kind of management thinking working out for you guys these days?